Goodwill, Finite-Lived, and Indefinite-Lived Intangibles

3 Months Ended

Mar. 31, 2022

Goodwill Disclosure [Abstract]

Goodwill, Finite-Lived, and Indefinite-Lived Intangibles

Goodwill, Finite-Lived, and Indefinite-Lived Intangibles

    Changes in the carrying amount of goodwill for the three months ended March 31, 2022 and the year ended December 31, 2021 are reflected in the following table:

	March 31, 2022		December 31, 2021
	(Unaudited)
	(In thousands)
Beginning Balance	$	939,249	$	949,037
Additions	—		—
Purchase accounting adjustments	—		1,201
Foreign currency translation adjustments	(7,691)		(10,989)
Ending Balance	$	931,558	$	939,249

    The carrying value of finite-lived and indefinite-lived intangible assets at March 31, 2022 and December 31, 2021 are as follows:

	March 31, 2022		December 31, 2021
	(Unaudited)
	(In thousands)
Finite-lived intangible assets:
Customer relationships	$	102,492	$	102,446
Developed technology	20,166		20,234
Dealer network	6,432		6,534
Airport contracts	4,370		4,441
Trademarks	2,684		2,696
Store networks	2,357		2,396
Brand	866		880
Non-compete agreements	718		721
Database	212		212
Backlog	140		140
Total intangibles	140,437		140,700
Accumulated amortization	(96,303)		(93,905)
Finite-lived intangibles, net	$	44,134	$	46,795
Indefinite-lived intangibles:
Customer/territorial relationships	$	16,647	$	16,647

Amortization expense recognized in connection with acquired intangible assets was $2.5 million for the three month period ended March 31, 2022 and $2.4 million for the three month period ended March 31, 2021.